Media Statement                                                                                     21 September 2016 Statistics South Africa to make changes to CPI basket and weights Statistics South Africa today announced that it would make changes to the Consumer Price Index (CPI) basket of goods and services, and the weights attached to these, with effect from the January 2017 release of the CPI.   read more »

Patrick Kelly – Executive manager for Price statistics, Statistics South Africa, explores the true cost of ‘Braai Day’. South Africans love meat. This is obvious from our cultural affinity for a braai or ShisaNyama. Many celebrated ‘Braai Day’ on this week’s Heritage Day holiday. This importance is also evident from the prominence of meat products   read more »

Stats SA published 24 releases in May, with many providing a preliminary overview of economic performance in the first quarter (January–March). Key industries down in the first three months of the year Mining, manufacturing, electricity, construction, retail trade, motor trade and road transport were weaker in the first quarter of 2024 compared with the fourth   read more »

  After a bumper month in March, Stats SA’s publication schedule was quieter in April. The statistical agency published 20 releases, many of which provide an update on the state of the economy. Consumer inflation remains above 5% Annual consumer inflation declined to 5,3% in March after climbing for the first two months of the   read more »

Stats SA published 25 statistical releases in November. Here is a quick overview of the latest economic indicators. Employment surpasses pre-COVID-19 levels Covering a sample of about 30 000 households across the country, the Quarterly Labour Force Survey reported a rise in employment figures in the South African workforce. The economy created 399 000 jobs in the   read more »

Stats SA published a variety of reports, statistical releases and discussion documents in September. Here is a rundown of key economic indicators. GDP: SA invests in machinery & equipment and households cut back on spending In September, Stats SA released both national and provincial gross domestic product (GDP) figures. On the national front, GDP recorded   read more »

Stats SA published 28 statistical releases in the month of August. Here is a monthly rundown of important economic indicators. Consumer and producer inflation continue to cool Inflation figures continue to provide some good news. Remaining on a downward path, consumer headline inflation slowed to its lowest reading in two years. The annual change in   read more »

Anecdotes about steep property price rises in the City of Cape Town are not without merit. Stats SA’s new residential property price index (RPPI) compares how housing prices have increased since 2010 across the eight metropolitan municipalities and nine provinces. Since 2010, residential property prices have grown by 141% in the City of Cape Town,   read more »

Consumer inflation hit its highest level in 13 years during 2022. The average inflation rate for the year (6,9%) hides the differences in timing and extent of price increases for different product groups. Transport and food & non-alcoholic beverages (NAB) had the biggest impact on overall inflation. Breaking the year down, the headline rate was   read more »

The year 2022 was tough, with soaring prices and rising interest rates leaving average consumers feeling the pinch. South Africa’s average inflation rate for 2022 was 6,9%, higher than the 4,5% recorded for 2021. The 2022 reading is the highest annual average rate since 2009 – the end of the global financial crisis. Explore inflation,   read more »